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Listed
MOTIVATED SELLER! Offered at $170,000, this 7th-floor condo in a waterfront building is ready for renovation. The seller has paid the current $14,000 building assessment in full and installed $16,000 in new hurricane-rated impact windows and balcony doors. With these capital expenses covered and the building actively undergoing concrete restoration, the buyer can focus on interior finishes. The kitchen cabinetry is removed, tile remains in the living areas, and the bedroom features an exposed concrete floor. This bright 1 bedroom, 1.5 bath residence features a well defined floor plan filled with natural light and peaceful park and city views. Amenities include boat slips, a pool, gym, and assigned parking. Pet-friendly and rent-friendly building on a dead-end canal street near Aventura Mall, FIU, and beaches. All reasonable cash offers considered.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $1,950–$3,495.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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